Whether you’re buying your first home, refinancing, or down-sizing, Best Rate USA wants you to know about all of the mortgage programs and loan options available to you. Some of the available programs we have include the following.

Conventional

Best Rate USA offers Conventional Mortgage Loans in accordance with Fannie Mae and Freddie Mac guidelines for loan amounts up to $417,000. Conventional mortgages appeal to many of the nation’s most qualified borrowers and have excellent rates. We offer conventional fixed and adjustable rates mortgages.

FHA Mortgage

FHA mortgage have more relaxed credit-qualifying and down payment guidelines than conventional loans. FHA mortgages are insured by the federal government. FHA loans have interest rates that remain competitive with interest rates of conventional loans. We offer FHA fixed and adjustable rate mortgages.

VA Mortgage

VA mortgage are guaranteed by the U.S. Department of Veterans Affairs (VA). The basic intention of the VA home mortgage program is to supply home financing to eligible veterans and help veterans purchase properties with no down payment.

Jumbo Mortgages

Jumbo mortgages are an example of a loan that does not exactly meet current Fannie Mae or Freddie Mac guidelines. A jumbo loan exceeds the maximum loan amount of $417,000 for a first mortgage on a single family home. BestRateUSA.com offers jumbo fixed rate loans and adjustable rate loans.

Harp Loans

The Home Affordable Refinance Program or HARP is designed to help homeowners who have been current on their mortgage payments refinance when they have little to no equity or they are underwater on their homes. HARP refinance loan terms are available from Best Rate USA in a 30, 15 year and 20 year fixed rate rate.

USDA Loans

A USDA home loan is a mortgage offered to rural property owners by the United States Department of Agriculture. USDA loans offer 100% financing opportunities to qualified buyers and properties and allow for all closing costs to be paid for by the seller or financed into the loan. All this while still getting access to today’s best mortgage rates.